News

Note: This section contains information in English only.
Wed, 19 Apr 2017 05:00:02 GMT

Daimler discusses cooperation with Didi

Daimler AG has revealed that it is in the process of negotiations with Chinese ride-hailing firms for the purpose of evaluating future cooperation. The most notable of the involved Chinese companies is Didi Chuxing.

Wed, 19 Apr 2017 04:24:24 GMT

Chinese PM pushes for more free trade

The Premier of China Li Keqiang in a meeting with EU's diplomat Federica Mogherini expressed that the EU and China should promote economic globalization, which would be based on free and fair trade.

Wed, 19 Apr 2017 04:23:45 GMT

Iran sanction lift will be reviewed

Rex Tillerson has revealed that the President of the US Donald Trump has ordered a review of the lifting of sanctions that were in place against Iran and were lifted in 2015.

Wed, 19 Apr 2017 03:04:18 GMT

BMW expects sales in China to grow around 10% this year

BMW Group expects around 10% growth in China sales this year, while global sales are set to increase between 5% and 5.5% in the same period.

Wed, 19 Apr 2017 03:01:20 GMT

New Zealand tightens immigration policies according to 'Kiwi-first' approach

New Zealand is set to constrict access to its work visas committing a 'Kiwi-first' policy, a day after Australia and the US announced similar limitations on immigration.

Wed, 19 Apr 2017 02:21:36 GMT

UK companies to enlarge ad budgets this year even with Brexit uncertainty

Survey showed that British companies are set to increase spending on commercials this year as they anticipate the UK economy to stay resilient despite Brexit.

Wed, 19 Apr 2017 02:17:42 GMT

ECB rate increase to help Germany to reduce current account surplus

According to the Funke Mediengruppe newspaper, the German government supposed that an interest rate hike from the ECB would help to diminish Germany's often-criticized glut of export.

Tue, 18 Apr 2017 19:59:47 GMT

Both Pound and gold gain after UK snap election plan

The British Pound and gold surged, while the US Dollar and stocks dropped significantly, after the UK Prime Minister Theresa May called for a general election to be held on June 8.

Tue, 18 Apr 2017 19:57:42 GMT

Uber to continue penetrating EU markets

Uber reported on Tuesday that it would strive to expand its operations in the European Union despite its withdrawal from Denmark.

Tue, 18 Apr 2017 19:03:07 GMT

Cleveland man accused of broadcasting murder on Facebook commits suicide in car

The man wanted in Cleveland for murdering a pensioner and posting the video of the crime on Facebook is reported to have killed himself in his car.

Tue, 18 Apr 2017 19:02:25 GMT

Saudi Army helicopter comes down in Yemen

Saudi media reported that a Black Hawk military helicopter had crashed in Marib province, Yemen, putting to death 12 Saudi Armed Forces officers.

Tue, 18 Apr 2017 18:03:02 GMT

US industrial production jumps 0.5% in March

Industrial production in the United States soared 0.5% over the month of March from the upwardly revised 0.1% gain registered in February.

Tue, 18 Apr 2017 18:02:21 GMT

GDT Price Index surges 3.1%

The latest Global Diary Trade auction prices went up 3.1% compared to the 1.7% surge registered last time, though still failing to reach late-2016 levels.

Tue, 18 Apr 2017 17:02:14 GMT

Volkswagen sees $4.7B profit in Q1

On Tuesday, the German automaker said it was eyeing the company's first-quarter operating profit to come in at about $4.7B, being helped by new models' introduction.

Tue, 18 Apr 2017 17:01:30 GMT

IMF upgrades its global growth outlook

The International Monetary Fund upgraded its global growth forecast, saying the world economy in on track to post the best performance in recent years despite geopolitical tensions.

Tue, 18 Apr 2017 16:07:24 GMT

Canadians invest $4.8B in foreign equities over February

Statistics Canada reported the country's investors had acquired foreign equities worth a total of $4.8B in February compared to the $3.8B investment made in January.

Tue, 18 Apr 2017 16:06:37 GMT

US building permits up 3.6% in March

The US Commerce Department reported on Tuesday that building permits were up 3.6%, hitting 1.26M over the month of March.

Tue, 18 Apr 2017 15:09:09 GMT

US housing starts drop to 1.22M in March

Official data released by the Commerce Department revealed new-home construction in the US slowed in March, sliding to 1.22M from the upwardly revised 1.30M February print.

Tue, 18 Apr 2017 15:08:34 GMT

Canadian foreign security purchases hit $38.8B

According to the data released by Statistics Canada, overseas acquisitions of Canadian securities rose to $3.8B over the month of February.

Tue, 18 Apr 2017 14:34:06 GMT

Germany expects early election to bring clarity on Brexit

Germany's Foreign Minister Sigmar Gabriel stated he expected to see more clarity in Brexit negotiations after the early election called by the British PM Theresa May this Tuesday.

Tue, 18 Apr 2017 14:23:04 GMT

Chemicals leak out at Tesla battery plant

On Monday, Tesla Inc. reported about dangerous chemical materials spill at the company's battery factory in Nevada; however, no serious injuries or threat to the public were detected.

Tue, 18 Apr 2017 13:31:16 GMT

Turkish opposition calls to annul referendum results

Turkey's main opposition party called on the electoral board to cancel the results of a referendum that greatly expanded the powers of the Turkish President Tayyip Erdogan, citing irregularities in the voting process.

Tue, 18 Apr 2017 13:21:17 GMT

Spain inquires PM Rajoy over slush fund probe

On Tuesday, the Court of Spain called the Prime Minister Mariano Rajoy for questioning to testify as a witness in a long-lasting slush fund probe of his People's Party.

Tue, 18 Apr 2017 12:34:34 GMT

Goldman Sachs profit soars up 80% in Q1

Goldman Sachs reported that its 2017 first quarter's profit skyrocketed 80% amid a surge in world equity and debt offerings.

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